On the Economy

On YouTube – Broadcast Yourself. you can view my recent Explainer show where former NEDA Chief Cielo Habito presented his views on the economy and prospects for the remainder of the year.

You can also view the following, below: first, the presentation he used on my show; the more comprehensive presentation on which it was based, which he presented at the Philippine Daily Inquirer. And after that, his presentation last year, and also, one by DLSU economist Dr. Michael Alba, from three years ago.

Read this document on Scribd: The Explainer presentation by Cielito Habito

Read this document on Scribd: Inquirer Briefing by Cielito Habito

Read this document on Scribd: Economic briefing by Cielito Habito

Read this document on Scribd: Economic briefing by Dr. Michael Alba

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Manuel L. Quezon III.

135 thoughts on “On the Economy

  1. nash,

    did i salivate your pidohilic instinct when i wrote pre-teen pomiscuity.. 🙂 joke only.. 🙂

    but read this and this link.

    The teenage birth rate in America rose in 2006 after nearly 15 years of decline, with about 435,000 babies born to mothers between 15 and 19 years of age.

    More than 729,000 teenage pregnancies are reported in the US each year, according to the National Campaign to Prevent Teen and Unplanned Pregnancy.

    http://www.guardian.co.uk/world/2008/sep/02/uselections2008.palin

  2. there is a new data in 2007 where teen pregnancy was down compared to 2006, but i have to look for the data yet. i am sure i have read it somewhere.

  3. So they should be giving out more contraception advice because NO ONE, not the church, not the state, not you, not me, not mama mary, will EVER stop people from having sex.

    And so I find it crazy that some complain about the cost to the state of supporting single parents and yet do not support the cheaper cost of preventing unwanted pregnancies.

  4. ‘Look, don’t blame the leaders/politicians. People elected them based on pekeng-periodistas coverage, biases and assements.”

    Well, there are other sources of information for better diecerned voting besides the pekeng-periodistas. There’s the parish priest , the barangay kapitan/kagawad, the school principal, the smart uncles/aunts, the kuwentong barbero,etc.

    But for many, Jose Abad Santos, Josefa Llanes Escoda, and Vicente Lim (the faces in the one thousand peso bill) could be the better advisers.

  5. Well, its September. Just four more months and the year will be over. Can’t wit, huh. Let’s see what we’ve suffered so far:

    – ZTE/NBN scandal and cover-up
    – Rice shortage
    – Oil pricce spike
    – Sulpicio Lines tragedy
    – MERALCO GSIS face-off
    – Mindanao peace agreement, then now war

    Ever wonder why anybody would want to be presidentr of this disaster-prone country, both natural and man-made?

    Think about ending the year quickly for some.

  6. I managed to catch the entirety of the program when it aired over at ANC (which i never choose to do, but this time I made an exception) because Dr. Habito came across as a credible and convincing guest. I searched immediately after the show for a copy of his material online, namely the tables of figures he presented, albeit unsuccessfully. Thanks for uploading them for everybody’s reference. It was a good show too.

  7. from inquirer.net

    ‘Ramos presented Mang Pandoy in his first State of the Nation Address in 1992, promising him a better life. He was given a house and lot, which he eventually sold. One of his children got a scholarship. He got a job as a consultant with the office of then Speaker Jose de Venecia Jr. and a gig as one of the hosts in a talk show on the People’s Television-4, but both were eventually cancelled.’

    Mang Pandoy still died poor.

  8. Nash,

    I think it is intuitive enough that those who complained about their tax money being used to support teenage mothers and their babies are those who do not have irresponsible daughters. While most cultures frown at situation of teenagers having babies, some culture does not. In America, only the Republicans, Evangelists and Catholics fret over the issue over teenage mothers. But certain segments in the US, specially the liberals look at the situation as not reprehensible enough. In one Boston high school, young girls have entered into a pact that each 17 girls will become pregnant in high school have to give each other high fives if tested positive for pregnancy.

    Please read this link:

    http://www.msnbc.msn.com/id/25272678/

  9. “In America, only the Republicans, Evangelists and Catholics fret over the issue over teenage mothers.”

    It’s because they are the majority who have teenage mothers.

  10. NASH,

    WE DO NOT HAVE DATA THAT REPUBLICANS, EVANGELISTS AND CATHOLICS HAVE MORE TEENAGE MOTHERS THAN THE OTHER POLITICAL CAMP AND OTHER FAITHS. THEY WERE QUITE AGHAST OF THE DATA THAT TEENERS HAVE TO HAVE BABIES. I THINK THEIR CONCERN CUT ACROSS PARTY LINES AND FAITH.

    BUT I THINK IT IS ALRIGHT FOR DEMOCRATS O HAVE TEEN PREGNANCIES AND RAISE TAX TO SUPPORT THEM OR ABORT THE FETUS OR FUND CONTRACEPTION.

  11. On the economy: Top 100 Most Powerful Women
    President Gloria Macapagal-Arroyo (PGMA) of the Philippines is on the list at No. 41. PGMA was even considered more powerful than the Queen of United Kingdom, Queen Elizabeth II is rank No. 58.

    Forbes defines power:
    “a composite of public profile–calculated using press mentions–and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls.”

    anong say niyo?

  12. to use your hyperlink

    “The school forbids the distribution of condoms and other contraception without parental consent — a rule that prompted the school’s doctor and nurse to resign in protest in May.”

    It’s the evangelical nutters who promote these unwanted sperminations

  13. “PGMA was even considered more powerful than the Queen of United Kingdom, Queen Elizabeth II is rank No. 58. ”

    O di siya. wala naman kumukontra.

    Unlike Merkel or QE2, no one respects GMA anymore for the evil superwoman that she is…

  14. Corrections to an earlier posting. Should have had quotation marks……

    “Is free trade always the best policy? Should developing countries open
    their financial systems? Do foreign-exchange controls serve any useful
    purpose in our globalized world?”

    “Anyone who reads economics knows that it is often aridly impervious to
    the cultural specificities and political constraints that shape
    real-world events. Pages filled with equations describe a world not of
    fallible people and imperfect governments, but of “agents” and
    “actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

    “The dominance of neoclassical economics has led to a rigid belief that
    free trade, small government, lower taxes, and financial openness are
    appropriate at all times and in all circumstances. But a few dissident
    economists, observing how and why countries actually develop, have
    been chipping away at this orthodoxy.”

    “Dani Rodrik, a professor at Harvard University’s John F. Kennedy
    School of Government, is one of this movement’s most imaginative and
    creative thinkers. He is a leading authority on globalization and
    economic development, and his unconventional yet rigorous analyses
    have helped undermine the Washington Consensus. A “clinical”
    economist, he has advocated heterodox development policies and a
    social-welfare agenda to complement globalization and allow developing
    countries to withstand the financial crises that have swept over them
    during the past two decades.”

    “Why doesn’t the public buy the economists’ advocacy of free trade?”

  15. Corrections to a previous posting.

    “Is free trade always the best policy? Should developing countries open
    their financial systems? Do foreign-exchange controls serve any useful
    purpose in our globalized world?”

    “Anyone who reads economics knows that it is often aridly impervious to
    the cultural specificities and political constraints that shape
    real-world events. Pages filled with equations describe a world not of
    fallible people and imperfect governments, but of “agents” and
    “actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

    “The dominance of neoclassical economics has led to a rigid belief that
    free trade, small government, lower taxes, and financial openness are
    appropriate at all times and in all circumstances. But a few dissident
    economists, observing how and why countries actually develop, have
    been chipping away at this orthodoxy.”

    “Dani Rodrik, a professor at Harvard University’s John F. Kennedy
    School of Government, is one of this movement’s most imaginative and
    creative thinkers. He is a leading authority on globalization and
    economic development, and his unconventional yet rigorous analyses
    have helped undermine the Washington Consensus. A “clinical”
    economist, he has advocated heterodox development policies and a
    social-welfare agenda to complement globalization and allow developing
    countries to withstand the financial crises that have swept over them
    during the past two decades.”

    “Why doesn’t the public buy the economists’ advocacy of free trade?”

  16. “Forbes defines power:
    “a composite of public profile–calculated using press mentions–and financial heft. The economic component of the ranking considers job title and past career accomplishments, as well as the amount of money the woman controls.”

    Being number 40 plus on an index of powerfull woman based on the above critieria.

    What is the point?????????

    Being the CEO of a state with public debts of close to $200 billion is a most noteworthy position.

    What is the point again??????

    QE2 does not have that kind of power over the public purse………

    Ignorance bordering on lunancy once again…

  17. the point is : Gloria falls in that statistics. Top 100… She represents the country and her sex. She’s not that bad after all is my point….

    “Why doesn’t the public buy the economists’ advocacy of free trade?”
    let’s talk about our Philippine FTA instead. Habito on profile on jobless: 6.6 million are underemployed and mostly in agricultural sectors.

  18. Leytenian,

    me naalala lang ako. when one time you questioned the so”filipnino” utang ng loob at ang di lumingon sa pinanggalingan ay di makarating………..

    mas maniniwala ako sa iyo pag di Leytenian ang tawag mo sa sarili mo.

    pag pinalitan mo naman ang handle mo mahalata pa din naman eh.

  19. See, kahit pinalitan ko name ko from Karl , then Karl Garcia and now to KG panay pa din ang wrong spelling ko.

    I meant Filipino, not filipnino.

  20. “Why doesn’t the public buy the economists’ advocacy of free trade?”
    let’s talk about our Philippine FTA instead. Habito on profile on jobless: 6.6 million are underemployed and mostly in agricultural sectors.

    Leytenian, are you agreeing with HVRDS or not?

    Dani Rodrik mentioned by HVRDS questions the employment effects of globalization.

    Imagine some change in the economy leaves Tom $3 richer and Jerry $2 poorer, and I ask you whether you approve of this change. Few economists, regardless of their political and philosophical orientation, would be able to give a straight answer without asking for more information…. In other words, most of us would care about the manner in which the distributional change occurred–i.e., about procedural fairness….

    Yet when we teach comparative advantage and explain the gains from trade, we typically overlook this important conclusion. We expect our students to focus on the net gain triangles and disregard the rectangles of redistribution. …

    The thought experiment clarifies, I think, why the archetypal man on the street reacts differently to trade-induced changes in distribution than to technology-induced changes (i.e., to technological progress). Both increase the size of the economic pie, while often causing large income transfers. But a redistribution that takes place because home firms are undercut by competitors who employ deplorable labor practices, use production methods that are harmful to the environment, or enjoy government support is procedurally different than one that takes place because an innovator has come up with a better product through hard work or ingenuity. Trade and technological progress can have very different implications for procedural fairness. This is a point that most people instinctively grasp, but economists often miss.

    http://economistsview.typepad.com/economistsview/2007/04/on_the_other_ha.html##Rodrik

    speaking of technology development:

    In the era of reverse engineering, only china can afford technology transfer licenses especially for their speed rail projects.

    A couple (or double that)of decades ago they tried to build their own C-130 and it looked good fro the outside but it could not fly.
    And now I am hearing that one such speed rail project cannot wok properly.

    Now we have JPEPA are we sure we can get technology transfer from the reverse engineering experts for our railways. .No way! who would buy their Japanese cars,we would just be an assembly line then export them(more of the same).
    Like America they could have the best railways in the world but the car companies made them build highways,instead.

    technological development is also important so we could build our own trains,own rails,own airlplanes,own ships,own tanks,own guns,own cars,own productive ways for our agribusiness. Until then we are stuck with globalization,because of the fault of the chicken and the egg.

    and before I forget,where is the money?
    Is it always the economy,stupid?
    How do you stop stupidity/ignorance, through education, but according to HVRDs, we have a lot of well schooled ignorant people.

    so, it is a zero sum game.

  21. to d0d0ng, who has said that Malacanang is powerless.

    Rep. Didagen Dilangalen, Maguindanao: “The government is marginalizing the MILF. The MILF no longer represents the Moro people.”


    There are no more talks,” Dureza told Reuters news agency. “We’re dissolving the peace panel. You don’t need it when you’re ending talks with an armed group. We’ll start consulting with the people on the ground and find out how we can resolve the Muslim problem.”

    Ms Arroyo reiterated in a statement that her administration would not sign the memorandum of agreement (MOA) on ancestral domain “in light of recent violent incidents committed by lawless violent groups.”
    —-

  22. to d0d0ng, who has said that Malacanang is powerless.

    There are no more talks,” Dureza told Reuters news agency. “We’re dissolving the peace panel. You don’t need it when you’re ending talks with an armed group. We’ll start consulting with the people on the ground and find out how we can resolve the Muslim problem.”

    Ms Arroyo reiterated in a statement that her administration would not sign the memorandum of agreement (MOA) on ancestral domain “in light of recent violent incidents committed by lawless violent groups.”
    —-

    http://newsinfo.inquirer.net/inquirerheadlines/nation/view/20080904-158542/Arroyo-scraps-peace-panel

  23. KG,
    i have not agree nor disagree with hvrds. I am hoping he can share his economic expertise especially on the subject of free trade in connection to our problem…. underemployment of 6.6 million in the agricultural sector.
    I’m not an economist but I am open to healthy discussion.

    On your technology information- that’s another area of free trade. There’s too many goods and services in an imperfect market in the international arena. hvrds is explaining economics in general term…

  24. sarah palin talks mockingly of the Democrats’ position on taxes and she conveniently ignores that the US economy is in miserable shape because Bush decided to fight a war on credit. The generation of 2020 will pay because Bush did not raise taxes to pay for the wars in Iraq and Afghanistan.

  25. Leytenian,

    Just finished watching your vP candidate’s speech. McCain has found himself an attack dog.(I won’t say it in the feminine version).

  26. KG,

    I know … a macho speech from a woman, according to Castellanos CNN.
    I was very impressed… she’s very strong. ” barracuda” .

  27. One of the most interesting about thing about the adversarial nature of American judicial system is the fact that at the start of any legal dispute there is a discovery process to put both sides on the same leveling process and so one can narrow the matters in dispute.

    “Anyone who reads economics knows that it is often aridly impervious to
    the cultural specificities and political constraints that shape
    real-world events. Pages filled with equations describe a world not of
    fallible people and imperfect governments, but of “agents” and
    “actors” who are supposedly as rational as Star Trek’s Mr. Spock.”

    “The dominance of neoclassical economics has led to a rigid belief that
    free trade, small government, lower taxes, and financial openness are
    appropriate at all times and in all circumstances. But a few dissident
    economists, observing how and why countries actually develop, have
    been chipping away at this orthodoxy.” Dani Rodrik

    When an individual for whatever reason cannot quite grasp the meaning of the above quotations and would want to learn about economics and have a discourse on ideology, policy and programs but does not quite understand contextual frames in a foreign language like English, I am at a loss at what language I should use.

    By a quirk in history my mother tongue is English. Filipino became my third language. I always wanted to learn how to speak it better.

    The purely quantitative view of listings and economics is only one part of the tools to come to a particular truth.

    When ideologues of economics make their purely quantitative view the end in itself then you are going to have problems.

    An individual who cannot tell the difference on what a metaphorical sense means and a literal sense would like to have a discourse on economics.

    Another example is the present basis for the dispute between the Republicans and Democrats.

    McCain calls the present war an existentialist one. A clash of civilizations. Culture wars based on good and evil…

    I am shocked and amazed that even most pundits here do not quite understand the tyranny of the minority in American politics.

    No American national politician is elected by popular vote across the U.S. Senators and congressman are elected by district and State. The President and VP are elected through the electoral college vote and could lose by simply winning the majority national vote.

    Pallin was chosen for that simple political game plan.

    She was not chosen for governance skills.

    One must win.

  28. Obama’s greatest threat to the Republican machine is his ability to reawaken the old democratic base. -The young, working moms, and the unions which have been decimated by the shift to a post modern industrial service economy.

    His drive to get more people voting even in the Red states would tend to favor the Democratic party.

    Pallin is the perfect counterfoil to that. But it is a double edged sword as if she is perceived simply to be a vagina American to pander to the women vote than it will backfire.

    She is a regular politico dependent on earmarks the euphemism for pork. in Alaska.

    if you want to be a real libertarian you have to take the line of Ron Paul. But that would be heresy to a regular trapo.

  29. The entire basis of comparative advantage which is the basic foundation of free trade is based on two countries both being at full employment and both agreeing to trade with each other. Consensual sex so to speak. In that case anything goes. Yes even massaging the lower sphincter muscle.

    Outside of that forget about it. So how come it has become dogma?????

    Our friendly equilibrium scientists swear by it….

    All estimates (In the Pinas more guesswork than anything else)

    Total Philippine labor force — 45-50M

    Labor force participation rate — 60% +

    Unemployment and underemployment rates are taken from the labor force participation rate.

    So has the country ever been close to full employment as defined by the neo-classical definition of full employment?????

    The entire differential foundation of countries is from primitive natural division of labor to more complex sophisticated specialized division of labor. The G-7 economies have achieved the latter.

    Where does the Philippines stand domestically and where does it stand in the international division of labor.

    Why don’t you guys ask Habito that question?????

  30. Real conservatives as distinguished from cultural conservatives….

    Most Pinoys are culturally conservatives…

    Impulse, Meet Experience

    by George Will

    “In 1912, McCain’s Arizona became the 48th state. In 1959, Palin’s Alaska became the 49th. Western conservatism has the libertarian cast of a region still steeped in an individualism natural to frontier spaciousness. But American conservatism depends on what it calls “fusion,” the collaboration of libertarians and social conservatives concerned that liberty unleavened by restraints creates a licentious culture. Palin supposedly is fusion in one person.”

    “Many cultural conservatives, who are much of the GOP’s base, consider McCain’s adherence to their persuasion perfunctory. By his selection of Palin, he got the enthusiasm of the base. But what has he got in Palin? In coming days he and we will learn from a stern teacher, experience. ”

    http://www.washingtonpost.com/wp-dyn/content/article/2008/09/02/AR2008090202441.html?sub=AR

  31. Where there you saw it. The former sportscaster becoming the message itself at the RNC.

    Marshal McLuhan and the medium or messenger becoming the message itself.

    We are most probably in the age of the anti-Christ.

    So much in forms and characteristics but substance thrown out the window.

    We have a cookie cutter character straight out of similar Fox News newscasters who might be within a heartbeat of the U.S. presidency.

    She used to be a news presenter.

    Ces Drilon are you available…. Noli de Castro are you there???? Oh my God, Loren.

    Ralph what about Ate Vi.

    My God those Kanutos are copying Philippine political models…..

    Forget Erap. He is done. How will Mar work this out. Korina would be a better candidate than him.

  32. Just finished watching your vP candidate’s speech. McCain has found himself an attack dog.(I won’t say it in the feminine version).

    Credit the speechwriter.

  33. I know … a macho speech from a woman, according to Castellanos CNN.

    I was very impressed… she’s very strong. ” barracuda” … leytenian

    me too… double wink.

  34. On why don’t you ask Habito that:
    People, the e-mail address of habito is listed at the end of his column,I have e-mailed him before and buti na lang kahit pang grade one yung tanong ko,sinagot nya.

    HVRDS,
    What if Manolo invites you to the EXplainer;if you happen to be in the country, will you accept the invitation?

    .

  35. obama is the darling of the mainstream media, but that does not necessarily mean he is the darling of the electorate. 🙂

    he could be the darling of bloggers too, unfortunately we do not decide american politics.

    the appetite of woman voters seeing their kind in the most powerful seat in the world whetted when they see the possibility of a woman president when hillary became the front-runner in not so long past but the democracts opted for obama. they were doubly frustrated when she was not chosen his running mate.

    the choice of palin simply addressed that frustration. it was a masterful act of political genius and yet the media and some bloggers had tried to belittle this choice.

    palin is a strong woman with small town values. the values that most american try to rehabiliate in themselves. she fought her party mates on corruption and the big interest groups in alaska. alaskans were happy with her and she hopes that the nation must too.

    her speech at the rnc convention aroused a lot of enthusiasm among republicans and her confidence at the rostrum reinvigorated the american voters that this lady could be incharged.

  36. “it was a masterful act of political genius and yet the media and some bloggers had tried to belittle this choice.”

    Spoken like a true Republican. And registered at that!

    Now, let’s just wait for the counterpoint from Leytenian saying “She’s my kinda of leader!”

  37. There were 6 brown-skinned couples that I noticed on TV during the republican convention, and 2 had placards so they were definitely Latinos, and another pair looked like Latinos, too. Did anybody see any Fil-ams?

    I thought there’d be more Fil-Ams based on hvrds’ comment that majority of Fil-am’s are republicans.

  38. “he point is : Gloria falls in that statistics. Top 100… She represents the country and her sex. She’s not that bad after all is my point….”

    Hesukristo at mga santo sa langit! She’s the least you can think of to represent the Philippines and Women. Nasama lang yan sa ranking as mentioned by hvrds, pero uulitin ko lang, dahil ang criteria ay Press Mentions (mostly negative)!

    Sheesh.

  39. @upn

    “I thought there’d be more Fil-Ams based on hvrds’ comment that majority of Fil-am’s are republicans.”

    Nabentahan kasi sila ni Senator Loren Legarda ng glutathione kaya fair skinned na sila.

  40. kg said ‘and before I forget,where is the money?’

    There are several ways for the Philippines to make money.

    1) Open the Iwahig Penal colony to American prisoners. Charge $1000 per month per prisoner. That’s $1 M a month in revenues for just 1000 prisoners.
    2) Since the Kiram family has proprietary rights over Sabah, help them sell it to the highest bidder and drop the Philippine sovereign claim in exchange for 10% commission. If China wins the bid then it’s China’s problem to get it. Let’s say the highest bid is $100 B then the Philippine government gets $10 B easy.

  41. “The entire basis of comparative advantage which is the basic foundation of free trade is based on two countries both being at full employment and both agreeing to trade with each other. Consensual sex so to speak. In that case anything goes. Yes even massaging the lower sphincter muscle.”

    pervert …

    you have a point… but there’s such thing as trade law, soft contract and treaties… short term or long term contracts.

    The Trade Law can provide legal support to the negotiation of bilateral and plurilateral free trade agreements.

    The Law can provide leaders in the negotiations on legal and institutional issues in each agreement. These include the dispute settlement rules , the structure and consistency of the agreement, and the general provisions that apply across the agreement….

    It’s not just about economics.

  42. 6.6 million underemployed in the agricultural sector:

    Agenda:
    LICENSURE TEST FOR PHILIPPINE AGRICULTURAL STUDENTS TO BE SCRAPPED…
    “The gross misconception about farming has an effect on Filipino’s lack of interest in agriculture. Most Filipinos think that when you take agriculture you become a farmer and when you become a farmer you’re poor. But if we can just change this kind of mindset we may be able to attract the students to enroll in agriculture,” he said.

    According to CHED, the SUCs have an unutilized landholdings of 50, 133 hectares, which can be utilized for farming, research, hybrid and certified seed production, and technology as demonstration farms.

    http://www.pr-inside.com/licensure-test-for-philippine-agricultural-student-r762555.htm

  43. again excuse me for being slow. hrvds started with judicial discovery procedure but i am lost when he shifted to economics dogma and assumptions. did not see the connections between discovery as a pre-litigation procedure to economics sophistry. that’s why i like time magazine, simple straightforward english, no verbosity, only subject predicate structure.

    so please, speak english ! ! !

  44. You might be brainwashed by corporate media….

    “Hesukristo at mga santo sa langit! She’s the least you can think of to represent the Philippines and Women. Nasama lang yan sa ranking as mentioned by hvrds, pero uulitin ko lang, dahil ang criteria ay Press Mentions (mostly negative)!”

    ” If you believe that Gloria is powerless.”

    If you believe that U.S. and increases corporate profits..
    unaware that ‘Free Trade’ means ‘Slave Wages’to poor people in Honduras, Bangladesh, China, Malaysia, Burma, Cambodia, Dominican Republic,Colombia, Philippines, Thailand, Pakistan, Sri Lanka,Indonesia, Nepal, El Salvador, Guatemala, Burma,Cambodia, Laos,
    Vietnam and others.

  45. Leytenian,
    Let me repeat or paraphrase what justice Scalia said.
    You seem to be singing a different tune.

    nagsimula ka dito sumasakay sa bumatbatikos sa ramdam na ramdam,riding on with cvj’s anti oligarchic views.corruption, national debts etc,etc.

    you even told me that you never read any Filipino news for 18 years,nag alala ka lang dahil sa credit crunch dyan.

    then you seem to be lecturing on being brainwashed.
    so now you are the enlightened one, all of a sudden.

  46. HVRDS,
    “What if Manolo invites you to the EXplainer;if you happen to be in the country, will you accept the invitation?” NO.

    I have always said that MLQ3 has a gift as a writer but not as a broadcaster. MlQ3 writings are brilliant. However television and radio are the worst medium for learning. For entertainment yes. That is why ABS-CBN should have a thong bikini contest amongst her female newscasters.

    Reading is still the most desirable . Everyone must must read, read , read….

    Try to catch Carandangs show featuring Paderanga and Diokno and heads of NSO. Carandang is a better TV presenter than MLQ3. Carandang does not know how to write though. There MLQ3 has got him beat. Carandang is an amateur financial quant and is very articulate and great at communicating on TV in his limited frame. Wala siyang substance. MLQ3 dwells on the historical narrative and everyone is free to frame it in his own way.

    The show was about getting the proper frame in collecting stats and expounding on them. You will hear words like theories on imputations, base year, revisions etc.

    One of the most brilliant macroeconomic quant in the country is Paderanga. It appears that the rest Diokno, Medalla and Habito are more political entrepreneurs than anything else. Dante Canlas was fired for telling his boss the truth. I have respect for that guy for telling his boss things she must have never learned in school. Solita Monsod is simply a shill. I personally believe that if Marcos had ordered Sicat, Virata and Ongpin shot instead of that Chinese drug dealer it would have saved his government and the country. Marcos was a brilliant lawyer but a poor political economist. He was enamored of technocrats but all these guys were of the U.S. neo-classical variety. They in effect effectively legitimized him.

    The point of all of this is the proper frame. Paderanga mentioned that in his briefings which he gets paid for. He prefers private briefings rather than public ones.

    Information depending on how it is framed will depend on the particular frame of mind of whoever receives it.

    Its digestion than become knowledge on a individual basis.

    The contextual frame and purpose must always be defined.

    “Anyone who reads economics knows that it is often aridly impervious to the cultural specificities and political constraints that shape real-world events.” Dani Rodrik

    Translation: economics, politics and culture are all linked under a distinct societal format. Psychologies are generally defined by that. –

    Notice the response of the pundit lawyer. One must be on the same level or frame of reality to be able to communicate.

    Case in point: Palins speech was drawing a composite reality for people to unite under. Political Organizing 101 when one is speaking to the base. Agitate, organize and mobilize and attack. She was tasked to draw the narrative because she is a professional communicator. She is extremely telegenic and looks harmless.

    That is also why GMA never appears in length press conference and her speeches are framed very carefully because she cannot hide her facial features when she is obviously lying. TV is brutal to her.

    Hiltler was the “provacatuer par excellance.” He had a brilliant propagandist in Geobels, and a ruthless killer in Himmler to instill party discipline. Their re-education camps became the factories for human compost.

    Someone asked if I was for Obama or McCain. Obama is for a benign empire while McCain is for a selfish empire.

    My vote is for No to Empires.

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